Modera Wealth Management LLC Sells 21,979 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Modera Wealth Management LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 46.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,586 shares of the company’s stock after selling 21,979 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,200,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of SPEM. Paces Ferry Wealth Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after acquiring an additional 200 shares during the last quarter. Trinity Wealth Management LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after purchasing an additional 201 shares during the last quarter. Kelman Lazarov Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after purchasing an additional 203 shares during the last quarter. Mascagni Wealth Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after purchasing an additional 207 shares during the last quarter. Finally, River Street Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after purchasing an additional 209 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $50.19 on Monday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $42.66 and a 12 month high of $53.54. The firm has a fifty day simple moving average of $51.71 and a 200 day simple moving average of $49.99. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.